What to Consider When Preparing Your Estate Plan
To everything there is a season, and for many, understanding the tax consequences of death on personal and family net worth is a crowning achievement that allows for a powerful wealth transition. This type of preparedness, unfortunately, is rare.
While no personal wealth management plan can be completed without a plan for transferring assets to the next generation, the majority of Canadians are reluctant to discuss the transfer of their assets with family members and many don’t have a will. But to paraphrase Benjamin Franklin, death and taxes are perhaps the only two constants we can count on from the moment of birth… and it pays well to be prepared for the inevitable.To read the full article click here.
Tags: Estate Planning